$2,255 Closing Credit*
$189,900
1,080 SqFt
3 Beds
•1 Full Bath
Azza Giorgi, Listing Office: Howard Hanna CNY Inc
Is New York Mills, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, New York Mills has remained a Seller's Market.
Key Takeaway
New York Mills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New York Mills, NY
How much do homes in New York Mills, NY cost?
Median Sold Price
$205,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,840(+7.2%)
Key Takeaway
Homes in New York Mills have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in New York Mills was $205,000 in November 2024, up 7.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $747.5K | - | N/A |
| 2 Bedrooms | $112K | $175K | +56.3% |
| 3 Bedrooms | $211K | $205K | -2.8% |
| 4 Bedrooms | $182.3K | $225K | +23.4% |
| 5+ Bedrooms | $168.3K | $177K | +5.2% |
Summary: New York Mills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.3%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Yorkville | $154.7K | $175K | +13.1% |
| New York Mills | $191.1K | $205K | +7.2% |
| Whitestown | $201.1K | $208.5K | +3.7% |
| Utica | $170K | $174.1K | +2.4% |
Housing Supply in New York Mills, NY
How many homes are available in New York Mills, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Summary: The New York Mills real estate market had 4 homes for sale in November 2024, a 33.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The New York Mills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New York Mills, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in New York Mills in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for New York Mills, NY
How long does it take to sell a home in New York Mills, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 10 Days | +150.0% |
Summary: Homes in New York Mills had an average of 10 days on market in Nov 2024, up by 150% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New York Mills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in New York Mills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
